We are manufactures of Mobile accessories and have transferred Rs. 1 Crs to a Trust for our CSR compliance now if the trust does not utilise whole fund

Will Unspent Fund paid to Trust will be considered as the appliacation of money for CSR compliance or not

In fy 2020 -21, a proprietory concern has to pay gst .but the entity has no registered net banking in its name. His son made payment . Gst payable was 16500. In this case guide how to account this. And entity has not settled it through prescribed mode. If this amount is paid in cash then it will be disallowed. If this is settled in cash then is is gst is payable on this 16500 or not . Any other alternative to account for this

IF A BSNL BILL IS ABOVE 205 LAKHS,WHETHER TDS ON GST APPLICABLE?

Sir,
one of our client has entered into an agreement in the year F/y 20218-19 for a consideration of Rs 1.9 Crores and have handed over the possession to the party. In the ITR For A/y 2019-20 we have shown it in ITR and paid the due tax on it. Now in The F/y 2021-22 the registry of property is being done and the DLC rate is coming at Rs 2.08 Crores. My Query is
1. Can we take the benefit of (i) and (ii) Provision to Sec 50C but the there is no change in DLC Rate
2. Can we take the benefit of (iii) Proviso the Sec 50C.

I CAN NOT FILE PREVIOUS YEAR RETURN THROUGH Sec 119(2)(B). IS THAT PROBLEM WITH INCOME TAX PORTAL? IF IT MEANS, WHEN IT WILL BE CLEARED?
PLEASE GUIDE ME

We are the manufactures of Mobile accessories, sale across India through Dealer and Distributor Network

Is the Dealer and Distributors can be called our's Pure Agent or not

We sale the goods through Tax Invoice to Dealers and Distributors and also give discount schemes at month end

And if they will be called Pure Agents, will they come under Related Persons.

Kindly share reference rules or circulars

Client is in the business of manpower supply business . he uses services of mathadi labours for his client a pvt ltd co.

Our client bills company as mathadi charges+service charge & pays mathadi board mathadi charges & keeps his service charge.

Questions
Whether our client needs to charge GST on forward charge basis for mathadi service ?
Whether lumpsum payment made to mathadi board attracts RCM ?

I have already filled form 112 n it has generated but I have filled wrong timming and it has been rejected by ro so how can I change in form the timmings

Company has crossed Rs. 5 cr profit in FY 2018-19, whether the Company is required to spend on CSR Activities for 3 financial years i.e. for FY 2019-20, 2020-21 & 2021-22 ( including this FY). on 2019-20, 2020-21, the profit is below 5 crores .
As per the General Circular No. 14 /2021 dt. 25th Aug 2021 of MCA they had issued a FAQ .
A company satisfying any of the following criteria during the immediately preceding financial year is required to comply with CSR provisions specified under section 135(1) of the Companies Act, 2013 read with the Companies (CSR Policy) Rules, 2014 made thereunder:
(i) net worth of rupees five hundred crore or more, or
(ii) turnover of rupees one thousand crore or more, or
(iii) net profit of rupees five crore or more

As our above three criteria s are not matching , as per the circular of 25th Aug 2021, our auditors says there is no need to provide the CSR expenditure for FY 2020-21.

But as per our company secretaries is the FAQs on CSR as notified on 25th August, 2021 as just the FAQs based on the Act and Rules, these do not override the main section or the Rules.

Further the Rule 3(2) of the CSR Rules is still effective and has not undergone change or is void due to new changes incorporated through CSR Amendment Rules.

so as per CS Company has crossed Rs. 5 cr Turnover in FY 2018-19, hence as per the Rule 3(2) of the CSR Rules, the Company is required to spend on CSR Activities for 3 financial years i.e. for FY 2019-20, 2020-21 & 2021-22 .
I am very confused with the different opinions of CA & CS please guide me on this matter

Regards
sheela nair

Hi sirs/madams,

i have a question as to what date should be put as invoice date on dhl/fedex export invoice..
for example, i receive order and get paid via paypal on October 15. Then I send the product via dhl/fedex on October 23th. dhl/fedex creates an export invoice with the details i provide..What date should be used as the invoice date for this?

Thank you very much,
Preeti